Gautam Adani overtakes Bill Gates to become 4th richest in world

Indian businessman Gautam Adani has left behind Microsoft co-founder Bill Gates to become the world’s fourth richest person, according to Forbes’ Real-Time Billionaires List. The 60-year-old business tycoon’s net worth reached $115.5 billion on Thursday eclipsing Mr Gates whose fortunes are at $104.6 billion.

At $90 billion, fellow countryman Mukesh Ambani ranks 10th on the list.

Tesla and SpaceX founder Elon Musk, who has been involved in a huge controversy after his bid to buy Twitter only to abandon it later, tops the list with $235.8 billion.

The Adani group Chairman is famed for turning a small commodities trading business into a conglomerate spanning ports, mines and green energy.